The process of leaving assets and funds to loved ones may get more complicated than families expect. Even if Nevada families go through the proper processes and ensure that everything is handled when it comes to estate planning, the estate administration process can...
When Your Life Is On The Line
Estate Administration
Steps to take for proper estate administration
Estate administration can be a complicated and confusing process, as many Nevada couples may already know. This is why it is especially important to ensure that every proper document is in place, and that the administrator knows how to handle his or her role after the...
Estate administration requires collecting assets, paying debts
When someone dies, the need arises to determine whether an estate must be filed and administered. Where the decedent has left a will and there are significant assets that he owned at death, the estate must be filed. The same applies if there is no will but there are...
Nevada probate allows creditor claims during specified period
Michael Jackson is a name that is well known to our readers in Nevada. He gained fame as a child star in the Jackson 5 musical group and continued on to become the 'King of Pop.' The talented singer was also the subject of many assertions of sexual abuse and even a...
Spiritual estate planning a growing trend in Nevada
Estate planning takes different forms for many people attempting to accomplish this goal in Nevada. For some, the need to pass on their values as well as their assets is strong. For such people, a new trend of spiritual estate planning may be appealing. This type of...
Probate and estate litigation: “Thriller” claim settled
Many readers in Las Vegas will recall that singer Michael Jackson's death in the summer of 2009 sparked much controversy. At the time of his death, the singer was being sued by several people and owed an estimated $500 million in debts. After his death, his estate has...
Girlfriend, wife fight over artist Thomas Kinkade’s estate
When a wealthy person dies in Nevada, sometimes a court battle is waged over the estate. The ligation most often happens in the probate court and can cover many issues. This was the case recently after the death of famous artist Thomas Kinkade.At the time of his...
Estate administration affected by estate tax values
Estate planning is often done with the intention of leaving money to heirs or turning over ownership of a family business so that it can continue to operate into the next generation. However, for some in Nevada and across the nation, estate administration faces...
Probate of will can be complicated by online presence
Planning an estate that adequately reflects your wishes is a main goal for many who take on this process in Nevada. Seeking to leave assets or gifts to an heir or beneficiary, or to avoid probate, many in Nevada create an estate plan using a number of available tools....
Digital age poses new estate administration challenges
The logistics behind estate planning, in addition to administrating a will, are constantly in flux. This is often due to changing laws and tax rates, which can have a large impact on how one decides to distribute their property after they pass away. However, the...